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No bank breakup needed with right regulations: Weill

Sandy Weill

The big banks don't have to be split if the "right regulation" is in place, Sandy Weill, former chairman and CEO at Citigroup, told CNBC on Tuesday, a year after he shocked the financial world by calling for the breakup of the investment banking and commercial banking operations.



Moscow Traffic

UBS to stick it out in Russia

UBS will maintain its presence in Russia even as competitors retreat as it bets that deals will start to recover, according to the bank’s top executive for the country.